Examlex
What is 3/4% of $164.00?
Increase Of Hazard
A scenario in insurance where the risk of loss becomes greater than what was contemplated at the time the policy was issued.
Highly-Explosive Chemicals
Substances that possess a high potential for explosion under certain conditions, posing significant risks.
Explosion
A sudden and violent burst or release of energy, often accompanied by loud noise and the release of gases, resulting from a chemical or physical reaction or an act of sabotage or accident.
Reservation Of Rights
A declaration by an insurer that provision of defense or coverage for a claim is not a waiver of their right to deny coverage later on grounds not yet known.
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